Hines

Hines operates as a global real estate company specializing in the investment, development, and management of premium commercial, residential, and mixed-use properties. The company's business model focuses on acquiring high-quality assets in major metropolitan markets and enhancing their value through strategic development and management.

The company manages approximately 216 million square feet of space across its portfolio and employs over 4,600 people worldwide. Hines generates revenue through property management fees, development profits, and investment returns from its real estate portfolio.

The company's portfolio spans multiple property types including office towers, mixed-use developments, residential properties, retail centers, and industrial facilities. Hines maintains a significant presence in major global markets including Houston, New York, Chicago, Los Angeles, London, Paris, Singapore, and Tokyo.

Hines was founded in 1957 by Gerald D. Hines, an American real estate developer with a background in mechanical engineering. Hines initially began as a side-business to an engineering partnership after Gerald D. Hines moved to Houston in 1948. The company started with small projects including warehouses and office buildings.

In the 1960s and 1970s, Hines expanded significantly, developing major mixed-use complexes and office towers. The company developed The Galleria in Houston, a landmark mixed-use complex featuring retail, hotels, and office space that became a model for modern urban development.

In 1983, Hines completed Williams Tower (formerly Transco Tower), a 64-story office tower in Houston designed by renowned architects Johnson and Burgee. The tower became an iconic symbol of Houston's skyline and established Hines as a major developer of premium office properties.

Throughout the 1990s and 2000s, Hines expanded internationally, establishing operations in Europe, Asia, and other major markets. The company developed numerous landmark properties including office towers, mixed-use developments, and residential complexes across major cities worldwide.

In 2021, Hines opened the first tower of CIBC Square in Toronto, a major mixed-use development co-developed with Ivanhoé Cambridge. This project demonstrated Hines' continued focus on creating transformative mixed-use destinations in major metropolitan areas.

Following the passing of founder Gerald D. Hines in August 2020, the company continues to operate under the leadership of Jeff Hines (Chairman) and Laura Hines-Pierce (Co-CEO). Hines has focused on sustainable development, workplace innovation, and mixed-use properties. The company manages 156 developments currently underway around the world and continues to expand its global portfolio.